In a report released today, John Davis from Raymond James maintained a Buy rating on Paypal Holdings (PYPL), with a price target of $122. The company’s shares closed last Monday at $105.60.
According to TipRanks.com, Davis is a 5-star analyst with an average return of 22.2% and a 70.8% success rate. Davis covers the Technology sector, focusing on stocks such as Fidelity National Info, Greensky Inc, and Fiserv Inc.
Paypal Holdings has an analyst consensus of Strong Buy, with a price target consensus of $130.13, which is a 20.7% upside from current levels. In a report issued on September 11, Canaccord Genuity also initiated coverage with a Buy rating on the stock.
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The company has a one-year high of $121.48 and a one-year low of $74.66. Currently, Paypal Holdings has an average volume of 6.44M.
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